600 N Gum St
Summerville, SC 29483
Retail Property For Sale
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
About 600 N GUM ST , SUMMERVILLE, SC 29483
Prime space in an Opportunity Zone on the corner of N Gum St and Hwy 78/E 5th North St in the middle of Summerville. Highly visible and located between N Main St/Hwy 17A and the Berlin G Myers Pkwy. Ideal for automotive shop, automobile repair, tire store, car stereo business, retail business, office, car lot or could be converted to bar and/or restaurant or granite shop along with any business requiring a large amount of outdoor space for customer parking or displays. The building's current setup has 1400 sf of showroom space, private office and approximately 4600 sf for 5 automobile bays, storage and reception area. The building is in great shape and roof was redone in 2018. The property is zoned B-3 General Business in the town of Summerville. A portion of the building is currently on a month to month lease and can be vacant with 30 day notice. Leasing at $9,000/month would give an investor/owner a 9.3% cap rate. Building is also available for lease.
Property Taxes
| Parcel Number | 137-04-03-005 | Improvements Assessment | $34,410 |
| Land Assessment | $37,800 | Total Assessment | $72,210 |
Property Taxes
